New Jersey insurance regulators prepare to tackle a loophole in the state’s insurance system

New Jersey insurance companies have filed a complaint against a North Jersey hospital that is billing them excessively for medical procedures that are not inherently expensive. According to insurers, the claims coming from the Meadowlands Hospital Medical Center in Secaucus, New Jersey, are 3,000% higher than the claims coming from other, similar medical centers. Governor Chris Christie is expected to take up the issue and target the medical center as part of his campaign against rising insurance prices. The problem seems to stem from auto accidents. The Meadowlands Hospital Medical…

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